๐จ **Crypto News Flash! ๐จ**
Aussie John Bigatton, a key promoter of the BitConnect Ponzi scheme, has been convicted by the Sydney District Court for providing unlicensed financial advice between 2017-2018. ASIC revealed Bigatton promoted BitConnect in seminars and on social media, claiming its coin would skyrocket in value. He's been released on a three-year good behavior bond.
๐ BitConnect founder Satish Kumbhani remains at large after being indicted in the U.S. for orchestrating the scam.
๐ฌ What are your thoughts on this conviction? Comment below!